The U.S. now imports far more oil from Canada than from any other country. Persian Gulf imports now account for less than 15 percent of the oil consumed in the U.S. This photo shows the Syncrude oil sands extraction facility near Fort McMurray, Alberta, Canada, in 2009.
Credit Mark Ralston / AFP/Getty Images
Since the Arab oil embargoes of the 1960s and 70s, it's been conventional wisdom to talk about American dependence on oil from the Persian Gulf. But the global oil market has changed dramatically since then.
Today, the U.S. actually gets most of its imported oil from Canada and Latin America.
And many Americans might be surprised to learn that the U.S. now imports roughly the same amount of oil from Africa as it does from the Persian Gulf. African imports were a bit higher in 2010, while Persian Gulf oil accounted for a bit more last year.
The U.S. is facing a growing surplus in natural gas. Renee Montagne talks to Amy Myers Jaffe, of the Energy Forum at the Baker Institute at Rice University, about the glut. She expects some consolidation in the industry.
As U.S. coal consumption has fallen, its exports of coal have risen. Pictured, Midwest Generation's Crawford Generating Station, a coal-fired power plant in Chicago. The city's two coal-fired plants are closing under a deal with city officials and environmental groups.
Credit M. Spencer Green / AP
America's reliance on coal to produce electricity has declined by more than 20 percent in recent years — but in 2011, the U.S. exported coal at a rate not seen in 20 years, according to the AP. And much of the new surge in coal exports comes from Asia and Europe.
Here's a rough guide to who's buying America's coal, based on the AP story:
South Korea: Up 81 percent to more than 10 million tons.